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Security Features Of A Cryptocurrency Exchange Development App

 

1. Lock the Registry

Registry Lock gives cryptocurrency exchange development platforms an extra layer of security by locking the domain at the registration level. Without your permission, hackers can't change or delete important parts of your domain name. A report from ICOrating.com says that only 2% of platforms use registry locks.

When you use the registry lock feature and ask to make changes to a domain, the registry, the registrar (your service provider), and the domain registrant all check to make sure the request is safe (you). So, if you want your domain to be as safe as possible, you need to use the registry lock feature.


2. Making sure that the Web Protocol is safe

Here are some security headers for your platform that will make it safer:

  • The HTTP Strict Transport Security (HSTS) protocol makes sure that HTTPS is used in every browsing session.This keeps people from using cross-site scripting to attack your app.

  • Content Security Policy (CSP): Lets the header decide which dynamic resources are allowed to load, which helps stop XSS attacks.

  • X-Frame-Options: This keeps other websites from putting your content inside of them. This stops attacks that steal clicks.

3. A wallet with no money in it

As was said above, a cold wallet is a safe place to store crypto assets that are not online. Cold wallets add an extra layer of security to a cryptocurrency app. Even if someone breaks into the exchange, they can't take the assets in cold wallets.

To make sure they are as safe as possible, many cold wallets use features from cryptocurrency apps like multi-signature authentication and biometric-enabled authentication. When you connect your cryptocurrency exchange to your cold wallet, you add more security layers and make it harder for someone to hack the app.


Also Read Here: Profitable Bitcoin And Cryptocurrency Exchange Business Ideas

4. Making the Domain Name System even safer (DNSSEC)

DNSSEC is a set of rules that makes sure all DNS (Domain Name System) queries are real. Using both digital signatures and public keys, it proves that the data is real. DNSSEC can make sure that your server doesn't get any bad DNS entries. If a user has DNSSEC, they can't go to fake websites or get hurt by things like cache positioning.

DNSSEC can't stop DDoS (Distributed Denial of Service) attacks or keep data private.


5. Anti-DDoS modules

A DDoS attack, which stands for "Distributed Denial of Service," is when too much internet traffic is sent to a service, network, or server in order to stop normal traffic on it.

DDoS attacks have hit a lot of cryptocurrency exchange platforms because the developers didn't protect their work. While the platforms were down, the owners lost a lot of money. Because of a DDoS attack, Bitfinex, one of the best apps for trading cryptocurrencies, has to stop trading.

Use hardware and software that can stop DDoS attacks, like network firewalls and load balancers.

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